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New Strong Buy Stocks for January 30th


Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Kingsoft Cloud Holdings Limited KC: This Chinese cloud services provider offering infrastructure, platform, and industry solutions to enterprises and public-sector customers has seen the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

Forestar Group Inc. FOR: This residential lot development company has seen the Zacks Consensus Estimate for its next year earnings increasing 3.8% over the last 60 days.

Western New England Bancorp, Inc. WNEB: This holding company for Westfield Bank has seen the Zacks Consensus Estimate for its next year earnings increasing 4.9% over the last 60 days.

The Hershey Company HSY: This confectionery products and pantry items company has seen the Zacks Consensus Estimate for its next year earnings increasing 3.7% over the last 60 days.

Washington Trust Bancorp, Inc. WASH: This bank holding company for The Washington Trust Company, of Westerly has seen the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include

Stock #1: A Disruptive Force with Notable Growth and Resilience

Stock #2: Bullish Signs Signaling to Buy the Dip

Stock #3: One of the Most Compelling Investments in the Market

Stock #4: Leader In a Red-Hot Industry Poised for Growth

Stock #5: Modern Omni-Channel Platform Coiled to Spring

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.

See Our Newest 5 Stocks Set to Double Picks >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
Hershey Company (The) (HSY): Free Stock Analysis Report
 
Forestar Group Inc (FOR): Free Stock Analysis Report
 
Western New England Bancorp (WNEB): Free Stock Analysis Report
 
Washington Trust Bancorp, Inc. (WASH): Free Stock Analysis Report
 
Kingsoft Cloud Holdings Limited Sponsored ADR (KC): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research


Source Zacks-com

At Zacks, we are dedicated to independent investment research, helping investors succeed through tools like our Zacks Rank stock-rating system, which has averaged +23.89% annual returns since 1988. Founded on the discovery that earnings estimate revisions drive stock prices, we offer purely mathematical, unbiased ratings, along with additional innovations like the Price Response Indicator, Earnings ESP, and specialized rankings for mutual funds and ETFs.
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